Venture Capital

Start-Ups Cheer Capital Gains U-Turn

The German finance ministry has dropped a plan to tax capital gains on the sale of stakes of less than 10 percent following an outcry from venture capital investors, Handelsblatt has learned. The news has cheered the start-up sector.

Why it matters

The German government’s decision not to impose capital gains tax on the sale of small share stakes will help the country’s venture capital market and start-up scene which had been unsettled by the plan.

Audio

Why it matters

The German government’s decision not to impose capital gains tax on the sale of small share stakes will help the country’s venture capital market and start-up scene which had been unsettled by the plan.

Audio

Handelsblatt is your window to European business and politics. More than 260 journalists in 35 countries are dedicated to this mission. Every day, over a million people read Handelsblatt, the paper of record for the German business community. Handelsblatt is part of Dieter von Holtzbrinck Media, which also owns WirtschaftsWoche, the country’s most-read business weekly.